Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

2,225 sqft

Lot size

7,757 sqft

Year built

1900

Stories

0

Garage spaces

3

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Status

Active

Days on market

81

MLS #

242543253

About this property

Excellent opportunity to own a high-income triplex in a prime location near Adventist Health White Memorial Hospital, Central Korean SDA Church, and Mariachi Plaza Station. This well-situated property offers convenient access to the 101 Freeway and Downtown Los Angeles. The property features three units, including a spacious downstairs has 2 units: 3 Bed + 2 Bath, 1 Bed + 1 Bed. 1 Bed + 1 Bed upstairs with the potential to add a second bedroom within the existing floor plan, and an additional 1-bedroom unit. Ample on-site parking includes a 3-car garage with storage plus 4 additional exterior parking spaces, for a total of 7 spaces. Ideally located near major employment centers, transit, dining, and shopping, this property presents a strong opportunity for investors or owner-occupants seeking rental income. Don't miss the chance to view this ground-floor unit before it's gone.

Location

1616 Pennsylvania Avenue

Los Angeles, Los Angeles, CA, 90033